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The public does not care what a pilot is paid, they only care about how much a tickets costs and for advance purchase will switch airlines for a $1 in fare difference. Adam Smith had it all figured out in 1780. At the present pay there is no shortage of people wanting to do this deadly job, unlike being a member of an EOD team on the police force.And people think we get paid too much!
"Ninety aircraft pilots died in crashes and other accidents."
http://hotjobs.yahoo.com/career-articles-america_s_deadliest_jobs-961